[Martingale Method-Investment Fallacy]
Yellow curve: number of bets;
Blue curve: Funding rate of return.
The Pnl curve is all the way up and seems to be very stable. Of course, the final destination of this type of strategy must be zero. Not only did he lose all his money, but his dreams were also shattered. Note: Not targeted at any institution’s products (or investment strategies)
Why are these strategies so popular?
The popularity of a strategy is never its profitability—it’s whether it fits human nature.